Despite being cleared a year ago, the project to indigenously construct six conventional submarines for the Navy has failed to make any headway as the Defence Procurement Policy (DPP) has not yet been finalised.
In April, Defence Minister Parrikar had constituted a committee under former defence secretary Dhirendra Singh to recommend changes in the DPP. While the committee has already made its recommendations, the final DPP is likely to be rolled out by the end of this year. The Rs.50,000-80,000-crore project is critical for the depleting submarine arm of the navy.
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Home » Delay in procurement policy revision hits submarine project
Delay in procurement policy revision hits submarine project
ECONOMY & POLICY
November 1, 2015November 1, 2015
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